Community Healthcare Trust Inc (CHCT)
Debt-to-capital ratio
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 513,256 | 522,294 | 505,325 | 494,515 | 496,814 | 478,486 | 472,962 | 471,114 | 462,112 | 461,671 | 457,056 | 450,086 | 429,916 | 409,621 | 387,103 | 367,775 | 353,411 | 300,947 | 279,120 | 269,683 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $513,256K)
= 0.00
The debt-to-capital ratio of Community Healthcare Trust Inc has been relatively stable in recent quarters, ranging between 0.37 and 0.44. This ratio indicates the proportion of the company's capital that is financed through debt, with values closer to 0 indicating lower debt levels relative to total capital.
The gradual increase in the ratio from Q2 2022 to Q2 2023 suggests a slight increase in the company's reliance on debt financing. However, the ratio has remained within a reasonable range, indicating a balanced capital structure.
Overall, the consistency of the debt-to-capital ratio suggests that Community Healthcare Trust Inc has been managing its debt levels effectively and maintaining a stable financial position. It will be important to monitor this ratio in future periods to assess any significant changes in the company's leverage and capital structure.
Peer comparison
Dec 31, 2023